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brokerage account

/ˌbroʊkərɪdʒ əˌkaʊnt/
IPA guide

Other forms: brokerage accounts

Definitions of brokerage account
  1. noun
    a fund that a customer has entrusted to a securities brokerage
    “you can't get a brokerage account unless you have $20,000”
    see moresee less
    types:
    cash account
    an account with a securities brokerage whose transactions are settled on a cash basis
    margin account
    an account with a securities brokerage in which the broker extends credit
    custodial account
    a brokerage firm account that parents have created for a minor
    type of:
    account, business relationship
    a formal contractual relationship established to provide for regular banking or brokerage or business services
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